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city can pick itself back up i'm joined now by a detroit native and because. you know i really love the story because we always hear so many negative things detroit the city of death. you know depression what made you turn to the story and you have learned this is a city that obviously gets a bad rap and it's really hard being from detroit and you know living now living in new york and living in d.c. always having to fend for the city but the reality is that that's those are the stories that get the most traction mayor you know that kind of new cells that decrepit buildings abandoned buildings but the you know you have to remember it's a fraction of what the city represents there's a lot more going on and that's why i wanted to go back and tell that story absolutely and i really loved it the way you did it where does the bankruptcy filing stand right now so the latest is that a u.s. bankruptcy court judge set the date for moving this case along so august nineteenth is the key date that is the deadline for all motions arguing you know for anyone to put forward
city can pick itself back up i'm joined now by a detroit native and because. you know i really love the story because we always hear so many negative things detroit the city of death. you know depression what made you turn to the story and you have learned this is a city that obviously gets a bad rap and it's really hard being from detroit and you know living now living in new york and living in d.c. always having to fend for the city but the reality is that that's those are the stories that...
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Aug 3, 2013
08/13
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. >> take him to detroit. >> no! not detroit! >> i love you, detroit. >> massive unions, massive pensions. >> yes, lavish pensions. on average $19,000 a year which detroit now says they will pay 10 cents on the dollar. >> when union membership goes down, so do middle class wages. >> then the unions came in. then the democratic machine came in. then the drugs came in. >> every politician who puts their hand on the bible and takes the oath of office has a duty to this city and to manufacturing in this country. >> it yields a cat like kid rock. it must have good stuff in it. but the dems ran it into the ground. >> they don't have a fiscal problem, steve. they have a cultural collapse. >> see all those people in those pictures? have you ever seen so many americans be a failure at so many things? here we go again. i will not let this story go. there is more evidence detroit is truly, truly a conservative utopia. yes, i'm not going to get off this story. and it is something this country needs to pay attention to. conservatives keep bla
. >> take him to detroit. >> no! not detroit! >> i love you, detroit. >> massive unions, massive pensions. >> yes, lavish pensions. on average $19,000 a year which detroit now says they will pay 10 cents on the dollar. >> when union membership goes down, so do middle class wages. >> then the unions came in. then the democratic machine came in. then the drugs came in. >> every politician who puts their hand on the bible and takes the oath of office...
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Aug 11, 2013
08/13
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the detroit story is sort of separate. one of the things that is lost in the discussion about detroit and our cities is the city's economy and fiscal health are oftentimes two different things. if you look at new york city new york is thriving by any definition. if you look at neighborhoods like the meatpacking district. in the 70's or 80s he wouldn't be caught dead there now looks like a casting call for the bachelorette. there are so many 20 somethings on the weekend that it's the place to be. new york is like an amusement park in many ways were the economy is doing very well. new york has fiscal problems too. many of the problems that detroit has. detroit, some of the rust belt cities are still adjusting to a massive shift in the economy from an industrial-based economy and a number of other things are happening there as well but not all cities are widely responded in research and the way that new york is that many are. i think places like detroit and buffalo and some others at the minority. overall the story about citi
the detroit story is sort of separate. one of the things that is lost in the discussion about detroit and our cities is the city's economy and fiscal health are oftentimes two different things. if you look at new york city new york is thriving by any definition. if you look at neighborhoods like the meatpacking district. in the 70's or 80s he wouldn't be caught dead there now looks like a casting call for the bachelorette. there are so many 20 somethings on the weekend that it's the place to...
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Aug 3, 2013
08/13
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and the other reason to defund this is the city of detroit, which is bankrupt, they want to fund some of their bailout by dumping people on to obama care and the funding stream. >> congressmen, there are some of your colleagues that seem timid, they think this is the wrong strategy, i had a debate earlier this week with karl rove, he thinks it's the worst law that's passed in our time, i agree with him. they said it was sold and predicated on a bunch of lies told to the american people. he thinks strategically it should be done different, not in the effort of defunding. every conservative i know wants republicans to defund it. so where are your colleagues on this? >> well, it may literally be the only tool in the toolbox to try to keep the train wreck from happening. and, you know, look, you see the train wreck coming down the track, aren't you going to try to do something to keep that from occurring? the law was never poplar, it's never enjoyed popular support. it's going to get worse when people understand -- right now you go to health care.gov in my state, and you try to click and
and the other reason to defund this is the city of detroit, which is bankrupt, they want to fund some of their bailout by dumping people on to obama care and the funding stream. >> congressmen, there are some of your colleagues that seem timid, they think this is the wrong strategy, i had a debate earlier this week with karl rove, he thinks it's the worst law that's passed in our time, i agree with him. they said it was sold and predicated on a bunch of lies told to the american people....
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Aug 14, 2013
08/13
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detroit paid a consulting firm 288,000 dollars for 11 employees to only work for two weeks last month. that includes money for a 22-year-old who graduated from college just last year. critics are outraged. someone with little experience will be paid that much money. the city defending the race said they would be getting a discount. >> nice work if you can get it, right? >> a juror is breaking his violence the day after a guilt verdict was reached in the case of a one-time boston mob boss. five days of deliberating got so tins that some jurors wanted out of it. after more than 32 hours bulger was convicted of 11 murders and 7 other charges. >> there were some jurors that could have settled this the first day. there was very cautious people. it would have been nice to hear from him to see if he wasn't guilty of other charges. bu bulgel will be sentence the friday. >>> airlines are showing some of the best numbers in 19 years. the department of transportation found 16 flats arriights arrive 15 minutes of the scheduled time within the next six months. what's to thanks for the long running
detroit paid a consulting firm 288,000 dollars for 11 employees to only work for two weeks last month. that includes money for a 22-year-old who graduated from college just last year. critics are outraged. someone with little experience will be paid that much money. the city defending the race said they would be getting a discount. >> nice work if you can get it, right? >> a juror is breaking his violence the day after a guilt verdict was reached in the case of a one-time boston mob...
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Aug 18, 2013
08/13
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the detroit story is sort of separate. one of the things that's lost in the discussion about detroit and our cities is city economy and fiscal health oftentimes do different things. look at new york city. new york is thriving by any definition but if you look at neighborhoods like the meatpacking district. and 70 and and 80 you wouldn't be caught dead there now. it's a casting call. it's like the place to be. that never would've happened before. sunnier kids kind of like an amusement park in many ways now where it used to be, the economist and very well. new york has fiscal problems, too. many of the same problems that detroit has. so those are two kind of different things. detroit is some of the rust belt cities are still adjusting to a massive shift in the coming from an industrial-based economy to a service economy detroit has a number of other things happening there as well, but not all cities are sort of wildly responded and research and the way new york is. but many are. i do think places like detroit and maybe buffa
the detroit story is sort of separate. one of the things that's lost in the discussion about detroit and our cities is city economy and fiscal health oftentimes do different things. look at new york city. new york is thriving by any definition but if you look at neighborhoods like the meatpacking district. and 70 and and 80 you wouldn't be caught dead there now. it's a casting call. it's like the place to be. that never would've happened before. sunnier kids kind of like an amusement park in...
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going back in detroit. morgan hit the il on the head. you have a city whose population reduced two-thirds since the 1950s anand they have a land ma you could fit manhattan and botton and san francisco into and they are raising taxes. when you have fewer people, you are trying to find some way to pay the bills. obviously it didn't work. you can't take that to a national sphere. >>ther cities had a population encrose and they increase the tax it doesn't mean that the city gets better, does it? >> no, i wan to cut taxes any chance we can get. mile per hour has highway tax rate and also the home of greatest global brands. what killed detroit was the fact that the tea and its people and companies were stuck in the 20th centy. poor cities and states continue to cling to manufacturing jobs. rich cities and states design goods and manufacture them overseas. if detroit wants to get in the 21st century it will rise again. cutting taxes will help. >> rich, there is a lot of factors that go in a demise of the tea like detroit but taxes didn't hehelp
going back in detroit. morgan hit the il on the head. you have a city whose population reduced two-thirds since the 1950s anand they have a land ma you could fit manhattan and botton and san francisco into and they are raising taxes. when you have fewer people, you are trying to find some way to pay the bills. obviously it didn't work. you can't take that to a national sphere. >>ther cities had a population encrose and they increase the tax it doesn't mean that the city gets better, does...
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Aug 10, 2013
08/13
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and he is taking the narrative from detroit, michigan. it is okay if a city goes bankrupt. as long as we can break the unions, screw the workers and blame it on them and let the rich people run free i can tell you if. this guy is the media darling. he may be one of the toughest media commentaries that has ever been blistered on this guy but dam it, he deserves it. he the people who have worked in the city for 30 years and earned a pension. this narrative that the conservatives are playing out, now in the richett city in america, you know what? you are the problem the biggest voting bloc, the biggest social networking machine the democrats have is organized labor. they're doing everything they can to destroy it across this country. get your cell phones out. i want to know what you think. does mayor michael bloomberg care more about wall street? or workers? you can always go to our blog at msnbc.com and leave a comment there. we'll bring you the results later in the show. >>> how do you turn your back on an american worker? how do you make the case to the public that people t
and he is taking the narrative from detroit, michigan. it is okay if a city goes bankrupt. as long as we can break the unions, screw the workers and blame it on them and let the rich people run free i can tell you if. this guy is the media darling. he may be one of the toughest media commentaries that has ever been blistered on this guy but dam it, he deserves it. he the people who have worked in the city for 30 years and earned a pension. this narrative that the conservatives are playing out,...
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Aug 4, 2013
08/13
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and the other reason to defund this is the city of detroit, which is bankrupt, they want to fund some of their bailout by dumping people on to obama care and the funding stream. >> congressmen, there are some of your colleagues that seem timid, they think this is the wrong strategy, i had a debate earlier this week with karl rove, he thinks it's the worst law that's passed in our time, i agree with him. they said it was sold and predicated on a bunch of lies told to the american people. he thinks strategically it should be done different, not in the effort of defunding. every conservative i know wants republicans to defund it. so where are your colleagues on this? >> well, it may literally be the only tool in the toolbox to try to keep the train wreck from happening. and, you know, look, you see the train wreck coming down the track, aren't you going to try to do something to keep that from occurring? the law was never poplar, it's never enjoyed popular support. it's going to get worse when people understand -- right now you go to health care.gov in my state, and you try to click and
and the other reason to defund this is the city of detroit, which is bankrupt, they want to fund some of their bailout by dumping people on to obama care and the funding stream. >> congressmen, there are some of your colleagues that seem timid, they think this is the wrong strategy, i had a debate earlier this week with karl rove, he thinks it's the worst law that's passed in our time, i agree with him. they said it was sold and predicated on a bunch of lies told to the american people....
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Aug 8, 2013
08/13
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you want to see detroit's problem, look at this graph. in 1950, there were almost 2 million people in detroit, 2 million. now that number is down to around the 700,000, which means, when your city is shrinking like that, you end up with an eroding tax base. incapable, completely unable to pay off the pension costs that were incurred. and also not just pensions, but city services, infrastructure, all of it. in comparison, over that same period of time, new york has seen its population grow by more than half a million people, it's not been detroit. and another thing, detroit's economy has been nothing short of catastrophic. according to the city's own bankruptcy court declaration, the city lost approximately 80% of its manufacturing base. new york's economy by contrast has been booming. booming under bloomberg for better or worse. the key industry finance remains atop the world. one factor is that the fact that the city remains utterly and unbelievably racially segregated. this is a map of detroit, with dots corresponding for neighborhoods.
you want to see detroit's problem, look at this graph. in 1950, there were almost 2 million people in detroit, 2 million. now that number is down to around the 700,000, which means, when your city is shrinking like that, you end up with an eroding tax base. incapable, completely unable to pay off the pension costs that were incurred. and also not just pensions, but city services, infrastructure, all of it. in comparison, over that same period of time, new york has seen its population grow by...
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Aug 12, 2013
08/13
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the first part is, we notice as we speak, detroit's going bust. so, the first part of the question is, what cities are having the problems you're talking about and why do you think that is and then what cities are not? >> guest: our city story is a tail of -- tale of two cities and the detroit story is separate. one thing that is lost in the discussion about detroit and our cities is that cities' economies and fiscal health are often times two different things. you look at new york city. new york is thriving by any definition. you look at neighborhoods like the meat packing district, in the '70s and '8ss you wouldn't be caught dead there now it's so many 20 somethings on the weekend, the place to be, and that would have never happened before. so new york is like an amusement park. the economy is doing very well. but new york has fiscal problems, too. many of the same fiscal pension problems that detroit has. so those are two different things. detroit is some of the rust belt cities are adjusting to as massive shift from an industrial economy to se
the first part is, we notice as we speak, detroit's going bust. so, the first part of the question is, what cities are having the problems you're talking about and why do you think that is and then what cities are not? >> guest: our city story is a tail of -- tale of two cities and the detroit story is separate. one thing that is lost in the discussion about detroit and our cities is that cities' economies and fiscal health are often times two different things. you look at new york city....
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Aug 20, 2013
08/13
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KICU
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that was kirk pin-ho, of crain's detroit business. the deadline to file challenges to detroit's bankruptcy elligability was last night. pinho says the next battle coming down the pipeline: pension funds that filed challenges under grounds that pensions are protected under the constitution, and therefore detroit was never eligible for bankruptcy. super storm sandy may have a lasting impact on both new and existing homes in the eastern seaboard hit by the big storm. president obama created the hurricane sandy rebuilding task force in december. its task, to assess what's needed to help people, businesses & the region. the report just released recommends 69 policy initiatives. the bottom line -- communities need to plan for stronger storms from climate change. the report also notes a need for new and existing infrastructure to be strengthened. after 40 years in private hands, re-max holdings, one of the largest real estate franchise businesses wants to go public.yesterday the denver- based company filed for an initial public offering of u
that was kirk pin-ho, of crain's detroit business. the deadline to file challenges to detroit's bankruptcy elligability was last night. pinho says the next battle coming down the pipeline: pension funds that filed challenges under grounds that pensions are protected under the constitution, and therefore detroit was never eligible for bankruptcy. super storm sandy may have a lasting impact on both new and existing homes in the eastern seaboard hit by the big storm. president obama created the...
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Aug 10, 2013
08/13
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you're right in your description of detroit but detroit is kind of one of a kind. it is actually a mistake. there are people who said that. none of them are on this panel. it is a mistake to say we're all greek -- we're all greece or we're all detroit. detroit with its declining tax base, that is really at the heart of many of the problems we're seeing here other cities don't quite face that. and there are bad actors but there are also good actors. it is clear that almost no pension plan is fully funded. almost no pension plan is fully funded. once you get on 80% or 90%, you're in very good shape. >> maybe that's what we need to change. >> i would point out that part of the reason you don't have overfunded pension funds is that government regulations discourage funds from having more than 80% or 90%. that's a real problem. you get years like 2007 or 1999 where you've got a big booming market. and then the irs says disgorge all these extra overfunding that you have. and then when the market crashes, as everyone knew it would, a lot of these ended up in problems. i a
you're right in your description of detroit but detroit is kind of one of a kind. it is actually a mistake. there are people who said that. none of them are on this panel. it is a mistake to say we're all greek -- we're all greece or we're all detroit. detroit with its declining tax base, that is really at the heart of many of the problems we're seeing here other cities don't quite face that. and there are bad actors but there are also good actors. it is clear that almost no pension plan is...
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Aug 21, 2013
08/13
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it's happening in detroit. and the fate of those people, their story, is coming up. >>> but first i want to share the three awesomest things on the internet today. we begin with a microblog's twist on one of the summer's most shared photo trends. behold the hot dog legs tumbler. a site that asks the viewing public to determine whether you're looking at a selfie taken on the beach or two frankfurters like a pair of legs. some are calling it the tumbler of the summer. either way, the man is trying to co-opt the trend, fat cat hot dog conglomerates are guessing the game. as for this broadcaster, when it comes to legs and hot dogs, i always prefer hot dogs that have legs. second awesomest thing on the internet today, a video going viral on youtube which features the gospel choir of an unidentified church giving the congregation very healthy advice in this age of social media. ♪ ♪ yes, keep your business off of facebook. it's advice we could all stand to listen to. some of us more than others. and the third awes
it's happening in detroit. and the fate of those people, their story, is coming up. >>> but first i want to share the three awesomest things on the internet today. we begin with a microblog's twist on one of the summer's most shared photo trends. behold the hot dog legs tumbler. a site that asks the viewing public to determine whether you're looking at a selfie taken on the beach or two frankfurters like a pair of legs. some are calling it the tumbler of the summer. either way, the man...
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Aug 9, 2013
08/13
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but piornack is feeling detroit's financial woes in other ways, too. he's is just one of nearly 30,000 current and retired city workers who expect to see cuts to their pensions and health care benefits as the city tries to dig itself out of financial ruin. detroit can't pay its bills, and it is looking to cut debts that city officials say reaches $18 billion. >> i feel very let down, my father was a police officer in the city, i've been a fireman in the city, my son is a fireman in the city. i feel like i've really been let down. >> reporter: just weeks ago, detroit became the largest municipality ever to file for bankruptcy. there are many unknowns as the city attempts a restructuring plan. stephen henderson, editorial editor at "the detroit free press grew up here and is intimately aware of the city's fighting spirit but says bankruptcy may be the city's toughest challenge yet. >> there's not much difference between most places in detroit and post-katrina new orleans. its not as shocking because it happened over a long period of time, but it's just a
but piornack is feeling detroit's financial woes in other ways, too. he's is just one of nearly 30,000 current and retired city workers who expect to see cuts to their pensions and health care benefits as the city tries to dig itself out of financial ruin. detroit can't pay its bills, and it is looking to cut debts that city officials say reaches $18 billion. >> i feel very let down, my father was a police officer in the city, i've been a fireman in the city, my son is a fireman in the...
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Aug 28, 2013
08/13
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paid to the detroit's retirees and spouses. retirees are fighting back in court, but as that plays out it's a waiting and worry. connie is 6 64 years old. she was married to a police officer who died nine years ago she was receiving pension from his benefit. connie, thank you so much for being with us. first of all my mother would admire you because you live a frugal live. you haven't worked. you're getting your husband's pension, and you live frugally. but now this is a problem. you could make it on that $25,000 a year which is half as much as more americans could make it on, but now you're worried where that is going to come from. >> right. >> what are your options? what are you thinking about? >> well, i've already talked to my son and my daughter-in-law that if i have to i could always back in and live with them, but i'm 64, i really don't want to live with my son and five kids. if i have to, i have to. >> this is a tough thing. you just heard the story that my friend duarte did about the firefighters in west virginia. your
paid to the detroit's retirees and spouses. retirees are fighting back in court, but as that plays out it's a waiting and worry. connie is 6 64 years old. she was married to a police officer who died nine years ago she was receiving pension from his benefit. connie, thank you so much for being with us. first of all my mother would admire you because you live a frugal live. you haven't worked. you're getting your husband's pension, and you live frugally. but now this is a problem. you could make...
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Aug 12, 2013
08/13
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i think places like detroit and buffalo and others are the minority. over all the story about a cities right now is that more people are staying in them and more people with families, young couples with families. >> host: seattle is thriving in the booming, bamberger is thriving and booming, chicago is thriving and booming. what do these places have in common? >> guest: it's living in the city and raising kids in the city is an option now where it didn't used to be and if that is a number of reasons i talk about in the book. it's the same thing driving away from serbia. rising gas prices come people having fewer children, wanting more sense of liveliness in their communities, schools improving in the cities. the schools are still big issues in the nevado people to the suburbs but that is starting to change, so and cities are different. a city like seattle or st. wallsten it's easy to have a suburban lifestyle in those cities you can have a single-family detached house and still be in the city and in fact you are living in a kind of dense -- usually tho
i think places like detroit and buffalo and others are the minority. over all the story about a cities right now is that more people are staying in them and more people with families, young couples with families. >> host: seattle is thriving in the booming, bamberger is thriving and booming, chicago is thriving and booming. what do these places have in common? >> guest: it's living in the city and raising kids in the city is an option now where it didn't used to be and if that is a...
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Aug 5, 2013
08/13
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detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city owned check at the dia. orr's statement goes on to say there has never been nor is there now any plan to sell the art. this valuation as well as the valuation of other city assets is an integral part of the restructuring process. he said they will also advise the city on non-sale alternatives. not sure what that means. they will value works like this one, a van gogh portrait that could be worth over $100 million alone, it includes works of picasso, miguel. they say they will continue to folks on being as positive force for the city. this has been a huge controversy with some of the public pensions saying
detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city...
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Aug 10, 2013
08/13
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FBC
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buildings so what does detroit we do to make it out of the bankruptcy? >> there's been a lot of great things hpening and we have been involved with that over e last two or three years to invest in the city. private investment is that the all-time high. that is certainly difficul but it is long overdue that this happened so we have to address the problems of this city in the bankruptcy is difficult but it is giving us the opportunity to deal with legacy issues to come out the other side. we have to get through the bankruptcy process and that will take time but as we look at this we're bullish on the straight that they have great balance and great infrastructure to have our renaissance like it deserves gerri: great's information we appreciate you coming on. , back. >> my pleasure. i am happy to come back. gerri: a lot still to come how to turn your part-time job into full-time and the they are sendi your kid to college but what about loans for day care? i am not kidding. we will talkbout it. next. gerri: no doubt the pressure is on the middle-class with lo
buildings so what does detroit we do to make it out of the bankruptcy? >> there's been a lot of great things hpening and we have been involved with that over e last two or three years to invest in the city. private investment is that the all-time high. that is certainly difficul but it is long overdue that this happened so we have to address the problems of this city in the bankruptcy is difficult but it is giving us the opportunity to deal with legacy issues to come out the other side....
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Aug 12, 2013
08/13
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WMAR
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airport delays expected only if memphis and detroit. >>> back to the news now. a detroit area doctor accused of forcing potential chance e treatments on patients who didn't need them. >> the fbi says the doctor was in it for the money, not to help heal the sick. here's abc's linzie janis. >> reporter: dr. farid fata is behind bars for the unthinkable, mistrea mistreating patients to bilk medicare out of millions of dollars. he fabricated diagnosis in order to perform expensive tests. relatives of his alleged victims are speaking out. jeff says when his father didn't respond to chemotherapy, the doctor refused to discontinue the drugs. >> they were giving my father transfusions in the parking barrage area. what kind of treatment is that. >> the government had not retained an expert to give an opinion. >> reporter: others suspected something was wrong as far back as 2010. >> things were being administ administered and used incorrectly. >> reporter: cancer nurse angela swantek said she complained. >> to know that a doctor could have potentially brought your death o
airport delays expected only if memphis and detroit. >>> back to the news now. a detroit area doctor accused of forcing potential chance e treatments on patients who didn't need them. >> the fbi says the doctor was in it for the money, not to help heal the sick. here's abc's linzie janis. >> reporter: dr. farid fata is behind bars for the unthinkable, mistrea mistreating patients to bilk medicare out of millions of dollars. he fabricated diagnosis in order to perform...
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Aug 12, 2013
08/13
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in today's cover story, detroit's bankruptcy is hurting investor's miles from michigan. plus, why soda is becoming a harder sell. and, here's man's new best friend: why more chickens and roosters are moving away from the farm. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's monday, august 12th. i'm angela miles. in today's first look: is the summer rally slipping away? the major indicies all fell friday, ending down for the entire week. it's the first weekly decline since june as traders fret over the fed's next move. gold was a gainer by $4. oil added on $2.63 apple shines in its patent case. the internationl trade commission ruled that samsung infringed on iphone patents owned by apple. samsung is expected to appeal. and aol has turned into a chatter stock. shares rose 2% friday on speculation the internet company is planning drastic cuts or that it may shut down its local news sites, called patch. scott shellady of trean group joins us on this monday morning. happy monday morning to
in today's cover story, detroit's bankruptcy is hurting investor's miles from michigan. plus, why soda is becoming a harder sell. and, here's man's new best friend: why more chickens and roosters are moving away from the farm. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's monday, august 12th. i'm angela miles. in today's first look: is the summer rally slipping away? the major indicies all fell friday,...
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Aug 8, 2013
08/13
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WBAL
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check out these rowdy fans of the detroit tigers and cleveland indians games. in a let's go tigers cheer, that could not overcome the chant of detroit bankrupt. that's what we heard there. wow, what a low blow. detroit got the last laugh, winning the game in the 14th inning, 6-5. >> good for them. that will show them. >>> just ahead, gaga let's loose. and one of the original "90210" stars is letting lose about just what went on behind the scenes of that hit show. >>> welcome back. no one in texas will be saying we didn't have a summer. right now in dallas, we're on our streak of 100 degree days. we've seen eight in a row. when will it end? over the next five days, looks like we should hit a hundred. it will be close to a hundred all the way into monday of next week. an impressive streak of very hot weather there. the rest of the country, the big story is in kansas and missouri where the flooding continues. we will see numerous showers and storms today. it won't rain all day, but we will see a period of rain just about everywhere. >>> turning now to entertainmen
check out these rowdy fans of the detroit tigers and cleveland indians games. in a let's go tigers cheer, that could not overcome the chant of detroit bankrupt. that's what we heard there. wow, what a low blow. detroit got the last laugh, winning the game in the 14th inning, 6-5. >> good for them. that will show them. >>> just ahead, gaga let's loose. and one of the original "90210" stars is letting lose about just what went on behind the scenes of that hit show....
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Aug 7, 2013
08/13
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MSNBCW
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detroit is $18 billion in debt. the average police response time for high priority calls is almost an hour. half the parks have been closed since 2008. 40% of street lights don't work. it does kind of beg the question why would anybody want to run for mayor? >> yeah. that's a good question. i mean, i think right now the two candidates for mayor are both playing their respective strong cards. napoleon is playing i'm a police chief, i'll bring law and order to the city and dugan is saying i'm an ceo and i've turned around other failing organizations in the past and i can work with the emergency manager to turn around detroit. in reality neither have very much power and it rests in the hands of the emergency manager and his boss, the governor of michigan. >> you know what detroit was in its glory days. this was an industrial power house and it didn't bring us just cars but great music. at one point, such a beautiful city, it was called the paris of the west. there are some other midwestern industrial cities and you aha
detroit is $18 billion in debt. the average police response time for high priority calls is almost an hour. half the parks have been closed since 2008. 40% of street lights don't work. it does kind of beg the question why would anybody want to run for mayor? >> yeah. that's a good question. i mean, i think right now the two candidates for mayor are both playing their respective strong cards. napoleon is playing i'm a police chief, i'll bring law and order to the city and dugan is saying...
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Aug 4, 2013
08/13
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MSNBCW
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why are so few commentators outraged about the conservative destruction of detroit? that would be everybody. for the life of me, i don't know. i think a philosophy of how people do their job. this is just my philosophy. this is what i believe in. i don't think that you do a story and say, oh, well, we've covered that. let's get on to the next one. i've always been one who believes that you do a story and you get into the different facets of the story. and maybe others don't view it that way. where are the people? what's the back story? what's the ramifications? what's the money? where is the political push coming from? there are so many facets to the detroit story, stealing an election, cirqcumventing local elections. there is so much there. i don't know how i could do that story justice the way it is affecting p.eople's lives and hw conservative states are run and when conservatives get power. how do you do that in one show? i don't know. i can't speak for anyone else. but i made a commitment to stay on the detroit story because i think it is a model for destruction
why are so few commentators outraged about the conservative destruction of detroit? that would be everybody. for the life of me, i don't know. i think a philosophy of how people do their job. this is just my philosophy. this is what i believe in. i don't think that you do a story and say, oh, well, we've covered that. let's get on to the next one. i've always been one who believes that you do a story and you get into the different facets of the story. and maybe others don't view it that way....
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Aug 29, 2013
08/13
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ALJAZAM
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. >> bankruptcy hearings resumed in detroit and has folks i with underfunded pensions worried. that's forcing some local governments to turn to taxpayers who were not supposed to be on the hook for pensions to shell out more money. reporting on one west virginia city taking extraordinary steps to stay out of bankruptcy and to keep those pensioners paid. >> reporter: charleston, west virginia, first responders dealing today with a barricaded gunman. after 20 years on the job they have access to healthcare and are guaranteed generous pensions. >> oh, it's sweet. you could retire with $50,000 a year for life. >> reporter: but the residents are dealing with the payout that could easily exceed $1 million for each retiree. there the is so little fun that they're dipping in their general fund to keep the pensioners paid, and that general fund used to pay for street keening and salaries. >> we were paying 8% of our budgets into these retirement pensions. now we're paying 11.3% and it will go out. >> reporter: the mayor stopped pay out to the pension fund, in 2009 charleston had one of
. >> bankruptcy hearings resumed in detroit and has folks i with underfunded pensions worried. that's forcing some local governments to turn to taxpayers who were not supposed to be on the hook for pensions to shell out more money. reporting on one west virginia city taking extraordinary steps to stay out of bankruptcy and to keep those pensioners paid. >> reporter: charleston, west virginia, first responders dealing today with a barricaded gunman. after 20 years on the job they...
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Aug 3, 2013
08/13
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MSNBCW
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. >> take him to detroit. >> no! not detroit! >> i love you, detroit. >> massive unions, massive pensions. >> yes, lavish pensions. on average $19,000 a year which detroit now says they will pay 10 cents on the dollar. >> when union membership goes down, so do middle class wages. >> then the unions came in. then the democratic machine came in. then the drugs came in. >> every politician who puts their hand on the bible and takes the oath of office has a duty to this city and to manufacturing in this country. >> it yields
. >> take him to detroit. >> no! not detroit! >> i love you, detroit. >> massive unions, massive pensions. >> yes, lavish pensions. on average $19,000 a year which detroit now says they will pay 10 cents on the dollar. >> when union membership goes down, so do middle class wages. >> then the unions came in. then the democratic machine came in. then the drugs came in. >> every politician who puts their hand on the bible and takes the oath of office...
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Aug 11, 2013
08/13
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FBC
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. ♪ ♪ >> david: well, first detroit goes bust. will new york and chicago be next? the mayors of those two cities warning that their public pension costs are growing totally out of control, which is really what did in detroit. and many other cities are facing the same time bomb. is this proof it's time to scrap public pensions before they all go bust? hi, everybody. i'm dad asman. welcome to "forbes on fox." let's go in focus wi steve forbes, john candy, rich carlguard, elizabeth mc donald. should we scrap the public pensions? >> yes. get rid of them. what is public service? a sacrifice. it's supposed to be a short-term sacrifice before you go to the private sector to produce real economic growth. the problem now with high government pay and the big pension plans is we're creating life long government workers that are a burden on the people working in the real economy. if you get rid of them, they have incentive to get in the real world and cities will no longer have pension problems. >> david: well, rick, and the pension problems are just enmous. new york city, jus
. ♪ ♪ >> david: well, first detroit goes bust. will new york and chicago be next? the mayors of those two cities warning that their public pension costs are growing totally out of control, which is really what did in detroit. and many other cities are facing the same time bomb. is this proof it's time to scrap public pensions before they all go bust? hi, everybody. i'm dad asman. welcome to "forbes on fox." let's go in focus wi steve forbes, john candy, rich carlguard,...
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Aug 17, 2013
08/13
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FOXNEWSW
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the mayor says new could be the next detroit. coming up next, what he says could put the city on a path to bankruptcy. and her husband made the ultimate sacrifice. why the wife of an arizona firefighter killed in the line of duty is fighting for benefits. any last requests mr. baldwin? do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red button on top. ♪ how did he not see that coming? what's in your wallet? ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daughter. ♪ so today, i'm finally talking to my doctor about overactive bladder symptoms. [ female announcer ] know that gotta go feeling? ask your doctor
the mayor says new could be the next detroit. coming up next, what he says could put the city on a path to bankruptcy. and her husband made the ultimate sacrifice. why the wife of an arizona firefighter killed in the line of duty is fighting for benefits. any last requests mr. baldwin? do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight...
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Aug 25, 2013
08/13
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FOXNEWS
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why do we have to own detroit? >> that's the yn detroit is the way it is. there are a ton of casinos. >> nick, the postal service had to temporarily halt mail for fear of being bitten. it is a bad sign. >> it is the result of 40 years of liberal policies running that city. that's what happens. >> you have violent stuff on the street, dogs reading at a fourth grade level. >> that's actually impressive. >> that's pretty good. my dog can't read. >> it is just like people. same result jie. it is like planet of the dogs. it is scary. i am running out of steam on this story. >> i am angry. row bow cop didn't predict this. i do not remember one swarm of feril dogs attacking him during that movie. before that it was the most prophetic movie about detroit ever made. secondly, why do we not have cameras on every avenue at that place? dogs in makeshift pools? we could end every segment with that. >> what is a makeshift pool? >> the pipes were stolen from the basement. the water was just flowing. they would find basements filled with water. they would frolic. >> they w
why do we have to own detroit? >> that's the yn detroit is the way it is. there are a ton of casinos. >> nick, the postal service had to temporarily halt mail for fear of being bitten. it is a bad sign. >> it is the result of 40 years of liberal policies running that city. that's what happens. >> you have violent stuff on the street, dogs reading at a fourth grade level. >> that's actually impressive. >> that's pretty good. my dog can't read. >> it is...
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Aug 20, 2013
08/13
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MSNBCW
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already, as you may have heard, strikes have been staged in new york, chicago, kansas, and detroit, with workers demanding that minimum wage be raised to $15 an hour. at the federal level, of course, congress hasn't raised the minimum wage since 2009 when they pushed it up to $7.25 an hour. now f you calculate the minimum wage for congress itself, the salaries they pay themselves, it's $70 an hour. and that still is nothing to many members of congress. in fact, the hill just released a list of the 50 wealthiest members. on top is representative darrell issa, who clocks in at a diamond encrusted $355 million. >> that's a triple blinger. >> let's spin on the money game. the issa money and the fact these folks pay themselves $70 an hour while they won't up go from $7.25, despite the president's call for a higher minimum wage, tells you a lot about their values and where their priorities are. you don't need $355 million unless, you know -- i'm reminded of something lil' wayne said, which is too much money, it ain't enough money. that's clearly the way some of the members feel when it comes t
already, as you may have heard, strikes have been staged in new york, chicago, kansas, and detroit, with workers demanding that minimum wage be raised to $15 an hour. at the federal level, of course, congress hasn't raised the minimum wage since 2009 when they pushed it up to $7.25 an hour. now f you calculate the minimum wage for congress itself, the salaries they pay themselves, it's $70 an hour. and that still is nothing to many members of congress. in fact, the hill just released a list of...
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Aug 30, 2013
08/13
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KSTS
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nos vamos a detroit, una ciudad que estÁ literalmente en ruinas. vamos a ver como la crisis fiscal afecta a los hispanos que viven ahÍ. >>> en el pabellÓn de fusilamiento >>> la ciudad de detroit, cuna de la industrializaciÓn, y la industria automotriz en estados unidos. hoy no es sombra de lo que fue. >>> y la ciudad estÁ en quiebra, y hoy un juez mediador, dio inicio al gobierno municipal y acreedores en busca de una soluciÓn janet rodrÍguez explica a quÉ llevÓ esta decadencia y como ha perjudicado a los latinos que viven ahÍ. el abandono generalizado, no deja ver que detroit viviÓ mejores Épocas. lo que abundan son vecindarios desolados. >>> dan miedo, no sabe lo que puede pasar. >>> a pesar de la destrucciÓn, pero vive el recuerdo de lo que algÚn dÍa fue. el auge de la industria automotriz en los 1900 dio vida a una metrÓpolis que tuvo 2 millones de residentes. >>> si no entraban a la fÁbrica de ford habÍa abundancia de trabajo con el paso de los aÑos, la cÚspide econÓmica de las grandes auto motrices se disipÓ los resident
nos vamos a detroit, una ciudad que estÁ literalmente en ruinas. vamos a ver como la crisis fiscal afecta a los hispanos que viven ahÍ. >>> en el pabellÓn de fusilamiento >>> la ciudad de detroit, cuna de la industrializaciÓn, y la industria automotriz en estados unidos. hoy no es sombra de lo que fue. >>> y la ciudad estÁ en quiebra, y hoy un juez mediador, dio inicio al gobierno municipal y acreedores en busca de una soluciÓn janet rodrÍguez explica a quÉ...
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Aug 6, 2013
08/13
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CSPAN2
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it started here in detroit. right here in detroit. everybody -- [inaudible] some of us have a little place upnorth. the middle class. [inaudible] middle class. middle class. >> host: is there anything people like george mcgreger did wrong over the years that lead to this? >> guest: absolutely. i think there's at love blame to go around. the unions are not blameless. there was a time they had a lot of extras going on. i mean, actually george described weren't able to use in the film he described a program called the homework hotline. every employee's child could call and get help with a homework. that's really nice. but that costs money. and the vacation days, sick leave, there were people in the path that did fall down on the job. it was too hard to fire people. there was a time for sure it was too bloated. with management, you know, taking sort of producing sub par cars and paying themselves too much. overall the industry behaved as a cartel at times. refusing to make small cars, saying you could never make money on small cars. honda
it started here in detroit. right here in detroit. everybody -- [inaudible] some of us have a little place upnorth. the middle class. [inaudible] middle class. middle class. >> host: is there anything people like george mcgreger did wrong over the years that lead to this? >> guest: absolutely. i think there's at love blame to go around. the unions are not blameless. there was a time they had a lot of extras going on. i mean, actually george described weren't able to use in the film...
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Aug 8, 2013
08/13
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KNTV
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detroit bankrupt. that's what they were yelling. check out these fans at the detroit tigers and cleveland indians game. tied at the top of the ninth, let's go tigers cheers, they could not overcome the chants of detroit bankrupt. what a low blow. but detroit got the last laugh. oh, yeah, winning the game in the 14th inning, 6-5. good for them. >>> check this out -- most of us have athletes we admire, but usually from the sidelines. well, at a chelsea/real madrid game it was interrupted by a fan who ran on the field to hug and kiss cristiano ronaldo. the superstar was surprisingly calm and even hugged back before the fans took her away. it's kind of illegal. he is pretty good looking, though. >>> gaga lets loose. and one of the original 90210 stars is telling all about just what went on behind the scenes on that popular show. >>> so yesterday in fairbanks, we were looking at highs in the 80s once again. we broke the record high for the day which was 84. got all the way up to 85 degrees. and many people consider one of the coldest spo
detroit bankrupt. that's what they were yelling. check out these fans at the detroit tigers and cleveland indians game. tied at the top of the ninth, let's go tigers cheers, they could not overcome the chants of detroit bankrupt. what a low blow. but detroit got the last laugh. oh, yeah, winning the game in the 14th inning, 6-5. good for them. >>> check this out -- most of us have athletes we admire, but usually from the sidelines. well, at a chelsea/real madrid game it was interrupted...